{"id":16277,"date":"2019-09-16T10:41:18","date_gmt":"2019-09-16T16:41:18","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=16277"},"modified":"2019-09-20T18:06:21","modified_gmt":"2019-09-21T00:06:21","slug":"16-09-2019-litemax-review-and-daily-news-from-the-hyip-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2019\/09\/16\/16-09-2019-litemax-review-and-daily-news-from-the-hyip-industry\/","title":{"rendered":"16\/09\/2019. Litemax Review and Daily News from the HYIP Industry"},"content":{"rendered":"

Beware! Litemax has stopped paying! Do not invest there!<\/strong><\/p>\n

Hello all, and welcome to the first news update for the new business week on MNO! I hope you all had a good weekend, plenty of time to relax, because it looks like it might turn out to be a busy week as the HYIP industry continues a gradual but clear recovery. There’s been a couple of promising new additions to the MNO monitor<\/a> recently including Litemax<\/a> which I want to discuss with you today, plus a brand new Premium List<\/a> program called Hodium<\/a> which I’ll be looking at a bit later in the week once I’ve had a chance to check it out more thoroughly. I’ll be introducing it in today’s news section by the way so you can get a general idea of what it’s all about there first, so keep reading for that. Also once I get finished with Litemax<\/a> for today there’s a couple of big updates from some of the other most popular programs on the MNO monitor<\/a>, all of whom seem to be witnessing a resurgence of activity now that autumn is upon us. But first let’s stick with the new and see what Litemax<\/a> is all about and if you want it in your portfolio or not.<\/p>\n

We’ll start things off as usual with the investment plans then, which in Litemax<\/a> can be divided into two categories. The more popular choice speaking here from experience with most investors will probably be those making daily interest payments for a medium term. Alternatively you also have the option for a slightly shorter payment on expiry investment, all of which I’ll go through for you below.
\n\"Litemax\"<\/a>
\nYou can join either option for a $20 minimum. The daily plan is called The<\/em> Litemax<\/a> <\/strong>40 Days Plan<\/strong><\/em>. As the title explains, it runs for 40 days but I’ll just confirm for you that this is indeed 40 calendar days<\/strong> as opposed to business. A deposit between the $20 minimum and a $2,000 maximum would see Litemax<\/a> offer investors a daily return of 2.75%<\/strong> per calendar day for the plan’s duration. This adds up to 110%<\/strong> by the final payment, at which time Litemax<\/a> return your principal<\/strong>.<\/p>\n

As this price range includes almost every HYIP investor I know I suppose I’ll take a practical example from this. We’ll say you want to spend $100 on this plan. Litemax<\/a> should return this at a rate of $2.75 for the following 40 days. You reach the break-even point, that is to say earn back an amount equivalent to your principal therefore making it impossible to lose money relatively late into the term, only after 37 days. Everything after that is a safe profit. Payments total $110, later becoming $210 once Litemax<\/a> return your principal.<\/p>\n

For the record, bigger spending players can avail of higher interest rates, ultimately giving them a higher profit and shorter break-even point. For example if you wish to spend from $2,001 to $10,000 Litemax<\/a> offer a daily interest payment of 3.75% for 40 days<\/strong>, leading to a net profit of 150%<\/strong> (becoming 250% with your principal back<\/strong>) and a waiting time of 27 days before you can breathe a sigh of relief on breaking-even. For even bigger investments in the range of $10,001 to $100,000 Litemax<\/a> offer 5%<\/strong> interest per day, completing the 40 day term<\/strong> with 200%<\/strong> in net interest, 300% once your principal is returned<\/strong>, and a 20 day waiting period to break-even.<\/p>\n

If you’re prepared to forgo the safety net of daily interest withdrawals and are prepared to risk everything for still reasonable profit if successful, Litemax<\/a> have The Litemax<\/a> After Plan<\/strong><\/em>. The term length is slashed in half to 20 calendar days<\/strong> here. The minimum investment starts at the same $20 so in financial terms the risk doesn’t really have to be all that big unless you start spending more than might be sensible. The maximum spending limit is capped at $5,000, relatively conservative for an online HYIP but not really important since very very few would go anywhere near that amount anyway. All deposits big and small are treated equally in the sense they are offered the very same percentage return. This is a one off payment of 140%<\/strong>, principal included. So it’s your own money back plus a 40% net profit as your reward for joining Litemax<\/a>. In other words the same $100 invested here gets you back $140 in total, not as much as the daily plan but also not as much as a waiting time to get your money back and get out.<\/p>\n

Strategies here depend on what you are looking for from Litemax<\/a> and what you honestly think the program can genuinely achieve. On one hand 20 days is a long time in the HYIP industry for your money to be sitting in someone else’s pocket doing nothing for you, which is the main reason daily plans seem to beat on-expiry ones in the popularity stakes, on the other hand it’s a shorter wait to break-even. You can split your investment between the two options if you want to keep a foot in both camps as they say.<\/p>\n

If any of those sound appealing enough for you to want to make an investment in Litemax<\/a> then I guess the next thing we should discuss is what your payment options are. Pretty good as it happens, with just about anything most investors would like to see available. For the more conventional style third party payment handlers Litemax<\/a> accept PerfectMoney and Payeer<\/strong>. Anyone preferring the more direct route of using their own digital cryptocurrencies then your options are BitCoin, LiteCoin, Ethereum, BitcoinCash, and Dash<\/strong>. No matter what your preference is however, all payments are made manually and need to be requested from inside your Litemax<\/a> account. Once done the required waiting time is a 48 hour maximum<\/strong> but speaking from experience my own were handled pretty fast, only a few hours usually.<\/p>\n

Just another quick word on the payment options before we move on \u2013 please note that Litemax<\/a> have different minimum withdrawal requirements depending on the processor you are using. For the most part this is quite affordable though, with $1 being the limit for the more traditional dollar based payment processors and the $3 equivalent if using any of the cryptocurrencies. And of course, do not forget to specify all your payment processor details in the Edit Profile<\/em> section of your member\u2019s area (you’ll find it under the Wallet Accounts<\/em> tab there). The reason for this of course is in order for the Litemax<\/a> admin will know where to send your payment \u2013 I know it sounds obvious now but it’s something even an experienced HYIP investor might forget to do and wonder later on where his withdrawals are.<\/p>\n

Moving on to the more technical, design, and security aspects of the program, despite a deceptively simple design Litemax<\/a> is up to a reasonable standard. And personally I don\u2019t see anything wrong with keeping things uncomplicated anyway. The hosting provider is OVH, who I think are widely accepted as a decent standard service provider, and they are keeping Litemax<\/a> on a dedicated server. Protection from DDoS attacks however is now provided by CloudFlare so there’s no real cause for concern on that front. For an added layer of protection the Litemax<\/a> website features an SSL encryption certificate by Sectigo for safer browsing and more secure transactions. As for the script that the Litemax<\/a> website is running off, I think even most of the regular players may not recognize it straight away as it isn\u2019t used very often, although over the years I\u2019ve still seen a number of decent programs using it. It\u2019s licensed from DevQuill. Like most of the HYI programs that I remember using this product Litemax<\/a> is just as easy to navigate and user friendly as any of the others. The Litemax<\/a> domain name has been registered for two years in advance.<\/p>\n

If you still have any unanswered questions about the program, just looking for further info, or have any account related issues you need to have dealt with then there\u2019s a couple of ways you can get in touch with the admin or his support team. As always the first place you need to start is by reading over the Litemax<\/a> FAQ section a couple of times before doing anything else, it can save a lot of people a lot of time in the longer run, especially you. For members with general enquiries about the program you can either fill in your details on the customer support form and submit it via the contacts page, or else just write to the admin directly at the e-mail address listed. Fans of social media sites will find icons for Facebook and Twitter in the contacts section, of the Litemax<\/a> website, unfortunately at the time of writing these don’t actually lead anywhere but I guess it’s still very new so the admin has time to set these up properly if he’s serious. For a more interactive Live Chat experience however you can try and connect with them on the program’s Telegram account.<\/p>\n

No matter how you feel about Litemax<\/a>, whether you are positive or a bit more guarded about your chances to make a profit, I can only suggest that you not lose sight of the fact that even the best HYIP in the world is still just a HYIP and comes with a degree of risk. That will not change, no matter how much personal success you achieve with the program. Claims that Litemax<\/a> in their own words \u201coffers the opportunity to apportion money in Crypto currency trading & mining market<\/em>\u201d are not likely to be proven. But just for the sake of newbies let me clarify that even if this were true (I know, experienced readers don’t need to be reminded) it never actually guarantees the activity always has to be profitable. So as always, remember to establish a sensible and affordable spending pattern that you can comfortable live without were it to vanish, and if you do join Litemax<\/a> then try to keep them as part of a wider more diverse portfolio.<\/p>\n

Just before we move on to the news section I want to finish up with Litemax<\/a>, at least for today anyway, by asking what readers think of it. You can weigh up the pros and cons of joining, and decide whether it\u2019s a risk you think worth taking. I hope then that you won\u2019t mind answering the following opinion poll question, which is as always 100% anonymous and only takes a second to complete. Thanks to everyone who votes, as it will make interesting reading maybe not today but later on in to the investment terms when we look back on Litemax<\/a> and see how it has developed by then:<\/p>\n

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Will you make an active deposit in Litemax<\/a>?<\/strong><\/p>